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US Company Settles & Pays for Importer’s Customs Fraud

January 26, 2018 by Karen Edwards Leave a Comment

US Company Settles & Pays for Importer’s Customs Fraud Federal prosecutors in New York announced the settlement of a lawsuit relating to a scheme to evade import duties. The case involved an investigation  by U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI) New York, and U.S. Customs and Border Protection (CBP) regarding an importer’s … [Read more...]

CIT Finds Importer Liable and is Penalized for Misclassification

June 21, 2017 by Karen Edwards Leave a Comment

CIT Finds Importer Liable and is Penalized for Misclassification The Court of International Trade (CIT) has determined that an importer - Horizon Products International - is liable for a negligence penalty in a case involving misclassified imports. The case involves various types of plywood that were entered or attempted to be entered under incorrect duty-free tariff … [Read more...]

From CBP: Information & Guidance for Goods Returning to the U.S.

February 2, 2017 by Karen Edwards Leave a Comment

From CBP: Information & Guidance for Goods Returning to the U.S. From the CBP (U.S. Customs & Border Protection) issued a CSMS #17-000046 on January 31, 2017: The intention is to provide information concerning the documents that may be requested when reviewing duty free claims under subheading 9801.00.10. Background On April 25, 2016, a change to the … [Read more...]

Hanjin – Update

September 29, 2016 by Karen Edwards Leave a Comment

Hanjin - Update From World Maritime News: Hanjin Shipping Has Enough Cash to Cover Offloading Costs Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading creditor, and the parent group’s CEO, should be enough to cover the costs of unloading cargo from the company’s container ships stranded offshore, Reuters reported a … [Read more...]

Notice to Trade: ACE Capabilities Deployed and Mandated on 7/23/16

July 25, 2016 by Karen Edwards Leave a Comment

Notice to Trade: ACE Capabilities Deployed and Mandated on 7/23/16 Beginning July 23, 2016 trade parties will be required to submit electronic entries and entry summaries for additional entry types to the Automated Commercial Environment (ACE).  Electronic entries and entry summaries associated with the following entry types will be accepted and mandated in ACE: 02, 07, 12, … [Read more...]

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World Shipping News

Fincantieri lands EUR 800 mln sustainability-linked loan
27 September 2023
Fincantieri lands EUR 800 mln sustainability-linked loan

Italian shipbuilding giant Fincantieri has secured a substantial €800 million (USD 845 million) medium/long-term […] The post Fincantieri lands EUR 800 mln sustainability-linked loan appeared first on Offshore Energy. [...]

Port of Kiel opens new shore power facilities
27 September 2023
Port of Kiel opens new shore power facilities

The Port of Kiel has opened two shore power facilities at the Ostuferhafen, consisting of a 50/60 Hz shore power facility for cruise ships and ferries as well as a… [...]

AYRO secures $21 million financing for OceanWings wingsail solution
27 September 2023
AYRO secures $21 million financing for OceanWings wingsail solution

French designer and manufacturer of wingsail solution AYRO has secured a 19.2 million € ($21 m) Series B round financing for its OceanWings. The post AYRO secures $21 million financing… [...]

AL Group taps ABS to study Ultramax conversion to methanol
27 September 2023
AL Group taps ABS to study Ultramax conversion to methanol

The American Bureau of Shipping (ABS) and Asiatic Lloyd Maritime LLP, member of the AL […] The post AL Group taps ABS to study Ultramax conversion to methanol appeared first on… [...]

Unboxing the ammonia-powered 15,000 TEU boxship: Seatrade and Foreship reveal key design features
26 September 2023
Unboxing the ammonia-powered 15,000 TEU boxship: Seatrade and Foreship reveal key design features

Ammonia-powered container vessels are technically feasible and their development can meet acceptable preliminary safety […] The post Unboxing the ammonia-powered 15,000 TEU boxship: Seatrade and Foreship reveal key design features… [...]

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